Results 6,761-6,780 of 35,563 for speaker:Pearse Doherty
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: So there will be no savings this year.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Is it likely that ELS may have to dip into the unallocated €2.7 billion at this stage? I ask even though I know that it is early.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: That is fair enough. I just wanted to get the ministerial assessment and that of the Department as to where we are at this point in time, and that is a wee bit at odds with the stance of IFAC. Obviously we will know better as we get closer to budget day. I wish to pick up on the point made about a new public pay deal. We know that under the existing ELS the existing pay deals and...
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: I understand. We know it is likely that a pay deal will be struck. Will the Minister give us an indication of how much of the pie will be taken up by the pay deal? Is it not the case that the rejected pay deal on offer had a total value of €1.1 billion? Was this not the overall package on offer? The 2023 figure was less than that because some of the increments were later in the...
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: I am not asking the Minister to do so.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: I am not asking the Minister to do that.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Is the 2023 figure €700 million?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Why not?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Working on this basis it would be fair enough to look at the pay deal on offer even though it has been rejected. The 2023 impact would have been approximately €700 million, with another €400 million in 2024 as other increments and the full year effects kicked in.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: If I table a parliamentary question asking the Minister for these figures if a pay deal kicked in for the public sector as proposed on certain dates would he answer the question?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: You are not answering them today.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Okay, I will move on.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: I know they did not conclude.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: We are trying to get an indication of the impact of what was on offer and, I presume, is still on offer from the Department and the impact it would have on the budget for 2023. This is all we are trying to do.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: We are not trying to sneakily find out-----
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: I appreciate that. Will the Minister clarify that capital expenditure will be increased by €800 million in line with the national development plan capital ceilings? Is this the figure we will see in the budget for 2023? Is there leeway to further increase capital? It is obviously not identified in the summer economic statement. The Minister could take some of the €2.7...
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Will the Minister clarify what is the capital allocation for the Department of Housing, Heritage and Local Government for 2022 and 2023 respectively?
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: The ceilings will be maintained with no increase beyond what is set out in the national development plan.
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: We know there is construction inflation and that it is running at a significant level. Is it 8% or 9%? According to Housing For All, which is underpinned by these capital allocations in the national development plan, the target for 2023 is 9,100 social homes, with 5,500 affordable homes and cost rental homes next year. How does the Minister expect to deliver this same number of homes with...
- Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)
Pearse Doherty: Has the Department of Public Expenditure and Reform run the numbers based on inflation? The target in the national development plan is 9,100 social, affordable and cost rental homes from next year. The Department has provided an allocation of €3.516 billion. This was when inflation was quite level at less than 2%. Now inflation is running at almost 10%. Has the Department estimated...